PRL restores oil supply to Keamari terminal
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KARACHI: Pakistan Refinery Ltd (PRL) has announced on Wednesday that the temporary arrangement has been made to restore the oil supply to Keamari Terminal to the refinery.
In a notice to Pakistan Stock Exchange (PSX), the refinery said, “the company is also working on the permanent solution to restore the oil supply.”
It further claimed that after completing the necessary repair work, the crude oil connectivity between the Keamari Terminal and the Refinery through pipline has been restored through a temporary arrangement. Consequently, the Refinery has resumed its operations.”
Due to heavy rains in Karachi on Aug 25, the water washed away a portion of the Piles Bridge carrying the intracity oil pipelines which connect Keamari Terminal to the Refinery at Korangi Creek for transportation of crude oil and products .
“The incident resulted in severely damaging the aforesaid oil pipelines,” the company had claimed. It added that access to the site was difficult but the situation was being assessed so the magnitude of damage could be ascertained “enabling us to take required measures regarding safety and continuity of refinery operation in the present situation, which may include [their] temporary shutdown.”
The refinery usually keeps 7-12 days of stock according to management sources, and product can move via tanker from the refinery gate.
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